Breaks Categories: Stock Spotlights

FridayAug 27, 2021 1:07 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (NASDAQ: LEXX) Technology Is ‘Outrageously Fast’ in Oral to Bloodstream Delivery

Lexaria Bioscience Corp. (NASDAQ: LEXX) on July 22 announced it had met three primary objectives in its investigation of antiviral drug conversion process outcomes as the drugs are processed with its patented DehydraTECH(TM). “The success achieved during the company’s testing paves the way for larger analysis of the DehydraTECH-processed drugs in vivo in animals infected with SARS-CoV-2/COVID-19, HIV/AIDS, or other infectious disease-causing viruses, according to the company. The ultimate aim is to form partnerships with established pharmaceutical industry drug-makers who may be interested in incorporating DehydraTECH technology with those tested drugs, or other drugs with similar characteristics,” reads a recent…

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FridayAug 27, 2021 11:21 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Committed to Creating High-Quality Products for Its Customers, Human or Otherwise

Grapefruit USA (OTCQB: GPFT) understands that humans aren’t the only ones who may benefit from all that cannabidiol (“CBD”) has to offer and is positioning in a rapidly growing market. The pet CBD industry has experienced significant growth over the last several years, with the Brightfield Group projecting an expected market valuation of more than $1.7 billion by 2025 (https://cnw.fm/drv6i). Grapefruit is leveraging its expertise in the space with the launch of a new USDA-certified organic CBD pet tincture. “We understand that pet owners are now demanding organic, plant-based, natural remedies to keep their furry family members calm and in good…

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WednesdayAug 25, 2021 12:50 pm

CannabisNewsBreaks – Simply Sonoma Aims to Put Renowned County on the Map for Exceptional CBD-Infused Formulations

Simply Sonoma is a therapeutic-focused CBD company concentrating on sleep aids, gut health, pain and inflammation, and skin and beauty products. “The company has developed plant-based CBD infused products centered around the agriculture of Sonoma County, California, known for its excellent wines, fruits and veggies, and now the company aims to put it on the map for exceptional organic plant-based CBD infused, and research- backed formulations. . . . From personal experience, and the trials and tribulations of friends and family, Simply Sonoma has taken notice of the medicinal utility of CBD and cannabis,” reads a recent article. “As scientists,…

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TuesdayAug 24, 2021 1:24 pm

CannabisNewsBreaks – RYAH Group Inc. (CSE: RYAH) Identifying Significant Trends in Plant Therapy

RYAH Group (CSE: RYAH), a connected device and big data and technology company, is working with researchers to provide a full turnkey solution for clinical studies from start to finish. “As research restrictions throughout the U.S. lift, RYAH Group is standing by, ready to provide IoT hardware, software and data analytics that reduce variations in patient-related clinical trials. One of the areas that the U.S. is poised to explore is cannabis in sports medicine,” reads a recent article. Sports organizations must rethink their strict policies with the legalization of recreational and medicinal cannabis across the country. The good news is…

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TuesdayAug 24, 2021 1:08 pm

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Eyes White-Label Opportunity in Expanding Market

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, is looking to leverage its position in the growing market as a white-label manufacturer of infused-cannabis beverage brands. A new report that forecasts the cannabis beverage market will grow at 17.85% CAGR from 2019 to 2025 has companies such as BevCanna anticipating increased numbers as well. A recent article, which contains excerpts from the report by Million Insights, notes, “‘The increasing demand for the health and wellness drink is boosting the market growth,’ the report states… Another insight offered by the report…

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TuesdayAug 24, 2021 11:00 am

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Continues Strong Growth Streak

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) reported another record year when it announced fiscal 2021 results. “The company’s FY 2021 numbers show record revenue of $46 million, a 20% year-over-year increase for the country’s largest independent alkaline water company,” reads a recent article. WTER president and CEO Richard A. Wright noted that the results marked a continuation of “our streak of never having a down or flat year,” further stating that the company’s employees and business partners rose to the occasion throughout last year. The company has seen significant sales into fiscal 2022. In addition to financial highlights,…

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MondayAug 23, 2021 12:24 pm

CannabisNewsBreaks – Why Flora Growth Corp. (NASDAQ: FLGC) Is ‘One to Watch’

Flora Growth Corp. (NASDAQ: FLGC), an internationally focused cannabis brand builder, boasts a portfolio that spans several verticals, including pharmaceuticals, textiles, cosmetics, and food and beverage — each with a thoughtful brand designed to resonate with its intended end customer. From Flora Lab SAS and Flora Beauty to KASA Wholefoods and Hemp Textiles & Co., each of its brands prioritizes natural ingredients and value-chain sustainability, consistent with its mission. Though the company is currently organically growing market share for its existing brand portfolio, it is also seeking revenue-generating acquisitions that offer an accretive distribution network to amplify growth. As such,…

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FridayAug 20, 2021 1:22 pm

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Progress That Tells of the Dawn of Exciting Times

Red White & Bloom Brands’ (CSE: RWB) (OTCQX: RWBYF) CEO Brad Rogers, in a statement contained in the company’s investor deck presentation, observed that multiple deals, “judiciously purchased and diligently structured,” were coming together to create “the most exciting times in the history of the company.” Rogers further noted that the company was focused on building its key assets and growing the bottom line for its shareholders. “Red White & Bloom recently made two announcements that show its progress thus far and perhaps tell of the dawn of the exciting times. On July 22, the company announced its Q4 2020…

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ThursdayAug 19, 2021 1:15 pm

CannabisNewsBreaks – American Cannabis Partners Eyes Expansion into Additional States

American Cannabis Partners (“ACP”), a sustainable Jamaican experience canna-business innovator, is a company that prides itself on the level of detail given to growing its plants. By leveraging partnerships with Soilscapes and Link4 Systems, the company has created exact soil conditions, growing supplements, water makeup and environments that mimic Orange Hill in Jamaica. “This has resulted in yields well above industry norms and the production of some of the most sought-after flower in the U.S.,” reads a recent article. “Since its beginning in 2018, ACP has acquired 12 cannabis licenses, 20,000 sq. ft of cultivation license in California, and 540,000…

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ThursdayAug 19, 2021 12:56 pm

CannabisNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM), BayMedica Collaborate to Build Leading Rare Cannabinoid Company

InMed Pharmaceuticals (NASDAQ: INM) is a clinical-stage company developing cannabinoid-based pharmaceutical drug candidates and manufacturing technologies for pharmaceutical-grade rare cannabinoids. The company is creating a pipeline of drug candidates to treat various diseases with high unmet medical needs. “In a move to grow its market presence and strengthen its operations, the company announced that it had entered into a non-binding letter of intent (“LOI”) to acquire BayMedica Inc.,” reads a recent article. “This announcement followed the two parties’ reciprocal research collaboration agreement back in November 2020, which saw them collaborate on several projects since. The agreement allowed BayMedica to assess…

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